Ready Capital Acquires Madison One; Terms Of The Transaction Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Ready Capital Corporation (NYSE:RC) has acquired Madison One Capital, M1 CUSO, and Madison One Lender Services, which are key players in the government guaranteed loan industry. The terms of the transaction were not disclosed.
June 11, 2024 | 8:16 pm
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Ready Capital Corporation has acquired Madison One Capital and its affiliates, enhancing its position in the government guaranteed loan industry. The acquisition is expected to strengthen Ready Capital's portfolio and service offerings.
The acquisition of Madison One Capital and its affiliates is likely to enhance Ready Capital's market position and service offerings in the government guaranteed loan industry. This strategic move could lead to increased revenues and market share for Ready Capital.
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